Icertis vs. Ironclad

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Icertis
Score 8.1 out of 10
Enterprise companies (1,001+ employees)
Icertis supports contract lifecycle management (CLM). The analyst-validated Icertis Contract Intelligence (ICI) platform aims to turn contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Icertis boasts users among iconic brands and disruptive innovators who use Icertis to fully realize the intent of their combined 7.5 million+ contracts worth more than $1 trillion, in 40+ languages and 90+…N/A
Ironclad
Score 8.1 out of 10
N/A
Ironclad, from the company of the same name in San Francisco, is designed to streamline every part of the contract process—so users can focus on legal work, not paperwork.N/A
Pricing
IcertisIronclad
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IcertisIronclad
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details
More Pricing Information
Community Pulse
IcertisIronclad
Features
IcertisIronclad
Contract Authoring
Comparison of Contract Authoring features of Product A and Product B
Icertis
7.5
11 Ratings
7% below category average
Ironclad
6.3
5 Ratings
25% below category average
Contract creation7.811 Ratings9.04 Ratings
Contract templates8.510 Ratings9.55 Ratings
Clause library/saved fields8.210 Ratings3.14 Ratings
Guided logic5.49 Ratings3.73 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Product A and Product B
Icertis
5.5
13 Ratings
39% below category average
Ironclad
7.9
5 Ratings
3% below category average
Contract sharing4.211 Ratings8.45 Ratings
Contract editing6.99 Ratings7.35 Ratings
Collaborating on contracts5.810 Ratings8.45 Ratings
MS Word plug-in6.49 Ratings7.34 Ratings
Approval process4.112 Ratings7.95 Ratings
Interdepartmental workflows5.710 Ratings7.95 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Product A and Product B
Icertis
6.3
12 Ratings
27% below category average
Ironclad
5.1
5 Ratings
47% below category average
Contract database6.711 Ratings6.04 Ratings
Contract search6.511 Ratings7.05 Ratings
Contract milestone reminders & alerts5.810 Ratings2.64 Ratings
Custom contract reports5.19 Ratings5.04 Ratings
Tracking contract status6.210 Ratings4.54 Ratings
Compliance check6.97 Ratings3.13 Ratings
Contract Management
Comparison of Contract Management features of Product A and Product B
Icertis
-
Ratings
Ironclad
7.6
2 Ratings
4% below category average
Contract Storage00 Ratings9.52 Ratings
Advanced Search and Filtering00 Ratings7.52 Ratings
Customizable Contract Templates00 Ratings8.02 Ratings
Workflow Acceleration00 Ratings8.92 Ratings
E-Signatures00 Ratings9.52 Ratings
Reminders and Alerts00 Ratings5.62 Ratings
Analytics and Reporting00 Ratings5.62 Ratings
Integration with other Systems00 Ratings6.62 Ratings
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User Ratings
IcertisIronclad
Likelihood to Recommend
6.3
(13 ratings)
8.0
(5 ratings)
Usability
8.2
(2 ratings)
7.5
(5 ratings)
Support Rating
4.1
(2 ratings)
9.0
(3 ratings)
Ease of integration
2.8
(10 ratings)
-
(0 ratings)
User Testimonials
IcertisIronclad
Likelihood to Recommend
Icertis
Icertis is well suited for organizations that have a large number of contracts to manage and need a centralized platform to manage them. It is particularly useful for organizations that need to track and manage contract expiration dates, renewals, and other important dates. It is also well suited for organizations that need to comply with regulatory requirements and need a platform to help with compliance.In terms of scenarios where Icertis may be less appropriate, it may not be the best fit for organizations with a small number of contracts to manage. It may also not be the best fit for organizations that need a high degree of customization, as the platform does have some limitations in terms of customization options. Additionally, Icertis may not be the best fit for organizations that want a platform that is focused on specific industries, such as construction or real estate, as it's more generic in nature.It's worth noting that Icertis is a powerful and flexible tool, and its suitability for a particular organization depends on the specific needs and requirements of that organization.
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Ironclad
I think it worked realllly well at my previous company where we used it for a very simple form that just required one simple signature from both sides- this was a form used to record custom pricing/discounts for a product that typically was not discounted. In my current role, there are many more required fields on the form/contract, and can be multiple levels of approvals on one side, and then possibly multiple levels of approvals/signatures on the other side. I've never used another solution in the exact same way (like DocuSign) to be able to compare experiences, but on Ironclad, understanding where I am in the completion process can be confusing. Within the app, I wish it was more of just a checklist or schedule of what needs to happen, but it's not written out that clearly. Lastly, there is something wrong with our notifications (I'm not sure if this is specific to my company's settings)- I frequently get 'contract completed' or 'contract signed' email notifications even if that hasn't occurred. They seem to correlate with updating the form or refreshing the sync from SFDC.
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Pros
Icertis
  • Contract Creation and Management: Icertis excels at streamlining the contract creation process. It allows users to easily create and manage contracts using pre-approved templates, which can be customized as needed. The platform also includes built-in e-signature capabilities, making it easy for all parties to sign and execute contracts electronically. This has greatly reduced the time and resources needed for contract management, and has enabled our organization to be more efficient in the contract creation process.
  • Contract Compliance: Icertis helps organizations stay compliant with regulatory requirements by providing real-time tracking and alerts for contract expiration dates, renewal dates, and other important dates. This feature has been particularly useful for our organization, allowing us to avoid costly contract renewals and stay compliant with legal requirements.
  • Analytics and Reporting: Icertis provides powerful analytics and reporting capabilities that allow organizations to gain valuable insights into their contract portfolio. These analytics and reports can be used to identify trends, track performance, and make more informed business decisions. This has been particularly beneficial for our organization, allowing us to better understand the performance of our contracts and make more strategic decisions.
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Ironclad
  • Keep track of legal documents versions
  • Approve legal workflows
  • Forward email threads to the legal workflow
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Cons
Icertis
  • Some features are unnecessarily limiting. For example, the inability to delete records or change fields later if it turns out there has been a mistake in how the contract was entered or the term was described. The Icertis form fields are NOT the contract record that is required to be kept. If someone makes an error, they should be able to fix it. The contract itself doesn't change, and that is the business record.
  • Too much is built on the assumption that the person requesting the contract is the one with the control or ownership of the contract. It would be better if the person to whom the contract is submitted for review was the owner in the system.
  • Not all requests will in fact end with a contract. Sometimes requests are started and the project is abandoned or put on hold for a period of time. More status fields that reflect the reality of contracting would be helpful.
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Ironclad
  • Contract link feature in the case of amendment/addendum.
  • Auto document retention feature (expiration and deletion).
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Usability
Icertis
Some functionality could be achieved with less clicking, the change management could be done a bit a better for deployments
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Ironclad
Ironclad is the best tool I have used to date, to manage workflow and tickets. It was very easy to use and navigate from the very first time I used it. My time is very valuable and I don't have time to sit in training sessions, simply to use a new product. I'm happy to say that I was never formally trained on Ironclad as it simply wasn't necessary.
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Support Rating
Icertis
super dependent on how much money you want to pay. The general regular support can usually take around one to two weeks to get an answer and sometimes that issue is fixed but the underlying issue is not addressed even if you call out that it is a repeated issue. It appears that sometimes support is not really trained in how your instance is set up so there can be a bit of back and forth just to be able to get the appropriate support.
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Ironclad
I haven't used the support services for IronClad, but I understand from our legal team, the support is very good, they have replied and provide solutions quickly and effectively. I have used the documentation and support pages which are very complete and which have been updated given the user interface updates.
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Alternatives Considered
Icertis
In our organization, we chose Icertis over Ariba Contracts because of its comprehensive feature set and its advanced contract analytics capabilities. We found that Icertis provided us with more flexibility and customization options, which was important for our organization's specific needs. Additionally, the AI-driven contract insights provided by Icertis have been extremely helpful in helping us optimize business decisions and realize the full potential of our contracts.Another important factor is that Icertis is industry agnostic, while Ariba Contracts has a stronger presence in specific industries. Icertis is more suitable for a wider range of organizations and that's why in our fictional organization we selected it.Overall, both Icertis and Ariba Contracts are powerful contract management software solutions, but Icertis's advanced contract analytics and its flexibility and industry agnostic approach make it a better fit for our fictional organization.
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Ironclad
Miles ahead of LinkSquares
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Return on Investment
Icertis
  • Since implementing the platform, we have seen a significant reduction in the time and resources spent on contract management. This has allowed us to reallocate these resources to other areas of the business, resulting in increased revenue.
  • Additionally, Icertis has helped us to improve our entitlement and obligations management, allowing us to better track and manage our contract expiration dates, renewals, and other important dates. This has helped us to avoid costly contract renewals and stay compliant with regulatory requirements, thereby protecting us against noncompliance and penalties.
  • The platform's built-in analytics and reporting capabilities have also been valuable in helping us to gain valuable insights into our contract portfolio, allowing us to make more informed business decisions. Additionally, the platform's contract intelligence has helped us to shorten our sales cycles, which has enabled us to close more deals in less time.
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Ironclad
  • At Gusto, where we operated on no contracts for many years, Ironclad allowed us to create a very simple process for getting approval for, and keeping records of, customized pricing on our new, high-end plan.
  • Wasn't part of the buying committee, but in my current role it's been heavily utilized externally for customer contracts, but also internally for employee agreements.
  • I don't have any actual numbers, and don't have a way to compare it to any prior e-signature setup.
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ScreenShots

Icertis Screenshots

Screenshot of Intelligent Contract Set-up: Intelligent Contract Setup: Personalized, role-based experience for any type of user with flexibility models for complex organizationsScreenshot of Contract Operations: Self-service contracting with intelligent contract negotiations and bulk processing for quick responsesScreenshot of Governance Risk & Compliance: Enables users to proactively identify, assess and manage all contract risks and ensure the fulfillment of contractual obligations based on proactive insights from ICI’s compliance tools.Screenshot of Reporting & Dashboards: Improves visibility to reduces contract cycle times improve negotiation outcomes with dashboards and reportsScreenshot of Analyze Obligations: Obligations and fulfilments can be viewed from customized reports- across users, contract types, and statusScreenshot of Obligation Dashboard: Provides a 360-degree view of compliances with micro-actionable insights to the level of individual agreements